As far as I know and I am aware, the architecture of Tesla is a "little" different from the one of a gaming card. Heck, even the Quadro series is a little different from gaming cards. So I won't be in a hurry in comparing this Titan with Tesla just yet, even is some of the specs coincide...

There are many complaints about the pricetag but people have to keep in mind, the desktop market doesn't rule electronics anymore. I expected flagship gpus as well as other components to go up. They simply are not going to sell as much of these components as they have in years past.

As far as I know and I am aware, the architecture of Tesla is a "little" different from the one of a gaming card. Heck, even the Quadro series is a little different from gaming cards. So I won't be in a hurry in comparing this Titan with Tesla just yet, even is some of the specs coincide...

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The architecture of the GeForce, Quadro and Tesla cards are literally identical. The only differences are driver optimizations and the fact that with Quadro and Tesla cards, nVidia doesn't artificially limit the Double Precision FP operations like they do with their GeForce cards.

Beyond those differences (and usually the amount of memory as well) of the drivers and artificial limitations, the actual architecture of the GPU is literally identical.

Agree. Anything more than 500$ is not worth it. Especially in the era of console ports.

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Indeed, but let's be honest here and give credit to the people in DICe, Crytech and (Hurts me to say it) Ubisoft >_> There are still games worth to play on an HEDT.
Waiting for BF4, Crysis 3 looks amazing, and FarCry 3 proved well the need for fast hardware.

well Fermi (GF100/110) was the one gpu to rule them all and shared the same gpu die for the gaming cards (Geforce) and HPC cards Tesla / professional quadro. So yes its due to software differences i.e accelerating games vs HPC vs professional software such as CAD etc.